Category: Industry
Strategising
Brokers say that the buyer is looking for a strategic stake in Richard Peiris and perhaps the management of the company.rn rnThe trade propped the benchmark All Share Price Index by 0.44 points to close at 618.29.rn rnThe Milanka Price Index closed 1.8 points higher at 1034.67 at the close of trading. rn rnTurnover was […]
Outward Bound
Maldives has been identified as a potential base for overseas students, with the Maldivian government making inquiries as to the ways their students can enter the local system. rnrnldblquote The potential is there to position Sri Lanka as a seat of learning, attracting foreign students and bringing foreign exchange into the country dblquote , Minister […]
Education – The Way Ahead
Two days of active dialog by the stakeholders in the education sector concluded last Sunday, having identified the misgivings and strengths of the system. rnrnrnrnrnrnA number of eminent educationalist parted their experiences and views at the conference. The papers presented at the rnconference are listed below.rn National Education Conference – A Note By The Organisersrn […]
Going Places
This achievement follows a concerted sales and marketing effort which saw the station move up seven places from 11 position last year.Ahead of Colombo in terms of sales of Emirates Holidays DSF packages this year, are Tehran, Nicosia and Istanbul. rnrn”This is a very commendable performance, especially in the context of the size and level […]
Reformists Rule
The Chamber believes that the re-introduction of private sector managed schemes would increase the benefits to its stakeholders and the capital market.rn rnSome private sector officials say that allowing private sector participation would introduce competition to the two government sector funds, which would lead to better returns and management of funds. rn rnAs an initial […]
Fuss Over Nothing
The analysis follows the long standing criticism that commercial banks resort to parate executions extensively, killing the entrepreneur sprite in the country.rn rnThe study which looked at a three year period states that banks initiated parate executions only as a last resort when restructuring and rehabilitation of the loan failed. rn rnThe Central Bank also […]
Lifeline
ldblquote We are looking at raising another Rs.680 mn through private financing, mostly through preference shares and equity, dblquote Apollo Hospitals Group Chairman, Dr.Prathap C Reddy told Lanka Business Online in an interview last evening. rnrnThe funds would go towards part financing the Rs. 3 bn 500-bed hospital in Colombo, which is due to open […]
Flying Via SMS
The latest services would cost users Rs.3.00 to receive flight schedules of the national carrier provided that the user knows either the flight number or the destination city.rn rnIn addition, users also need to know the corresponding short code to activate the service. Dialog officials have countered that problem by offering the short codes via […]
Making Connections
The partnership brings to Eureka a host of high-end data services enhancing the company quote s ability to provide better connectivity to the corporate sector.rn rnMCI WorldCom is a leading force in data and voice services in the US and in Europe. The Company is rapidly strengthening its presence in the eastern and southern hemispheres. […]
Diplomatic Maneuvering
Lloyds of London officially removed the surcharge last month following intense diplomatic lobbying and a consultation with independent security experts who carried out a security audit on Colombo Port. rnrnHowever, some shipping lines continue to charge a WRS on cargo bound to American ports, said President Ceylon Shippers quote Council, Ravi Ratnapala. rnrnldblquote This is […]
Looking For Direction
Education reforms have been on the cards for the past 20 years but in implementation have been a painfully slow process if not a non-starter. rnrnIn addition to a lack of political will, one of the key reasons educational reforms get stuck in limbo is the failure of successive governments to successfully market the reforms […]
Running East
Formerly known as eRunway Inc., Virtusa is a Sri Lankan company headquartered in the, USA with development centers in Colombo, Hydrabad and Boston. rnrnVirtusa develops and deploys mission critical products and solutions for Fortune 1000 companies and leading software product developers. Its core competence revolves around developing cutting edge technology and delivering dynamic project plans […]